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Japan business mood improves slightly, global risks cloud outlook
Japanese big manufacturers' sentiment improved slightly in the three months to December, a quarterly survey showed on Friday (Dec 13), boding well for the central bank's plans to gradually raise interest rates from near-zero levels. Non-manufacturers also remained upbeat on business conditions, though concerns over rising raw material and labour costs weighed on retailers' morale, the survey showed. The data released ahead of the Bank of Japan's two-day policy meeting next week highlights how an intensifying labour shortage is becoming a headache for companies and a potential constraint to economic growth. Companies ... (full story)
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- Posted: Dec 12, 2024 11:16pm
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 4,376
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